logo

News related to
business

By Valerie Volcovici and Jeff Mason | WASHINGTON WASHINGTON President Donald Trump on Tuesday signed an order to undo Obama-era regulations to curb climate change, keeping a campaign promise to support the coal industry while calling into question U.S. support for an international deal to fight global warming. Flanked by coal miners, Trump enacted his “Energy Independence” executive order at the Environmental Protection Agency. A coalition of […]

When was the first time you smoked weed? For those who’ve never indulged (or perhaps never inhaled), the question might seem too personal for an interview. But, for the millions of Americans who smoke marijuana, it could be an entrée to a host of interesting questions: Where are you from? Who’d you hang out with when you were in high school? What was your relationship with your […]

The Saudi Film Festival opened Monday with 58 homegrown cinematic works to be screened in the ultra-conservative kingdom that continues to ban public cinemas. “Welcome to all of you, filmmakers, makers of art and makers of hope,” festival director Ahmed al-Mulla told participants at the opening ceremony, which was broadcast online. The fourth edition of the festival had been slated to run from March 23-28 in the […]

(Image: C-SPAN broadcast) Rules preventing internet providers from selling personal information, such as customer browsing histories, will be repealed, following a vote in the US House of Representatives this afternoon. The Republican-led House voted 215-203 in favor of repealing the rules, implemented just a few months ago under the previous Obama administration. It follows a similar vote in the Senate last week, which also speedily passed the […]

WASHINGTON The U.S. Commerce Department will remove Chinese telecom equipment maker ZTE Corp (000063.SZ) from a trade blacklist after the company admitted to violating sanctions on Iran, the Commerce Department said in a notice made public on Tuesday, At the same time, the Commerce Department said it would impose severe restrictions on former ZTE chief executive, Shi Lirong, who the agency accused of approving efforts to skirt […]

The brand of the latest resort to be built on an island off the coast of Ras Al Khaimah has been revealed. Minor Hotels, the owner of the Anantara brand, said it would manage the Avani Al Marjan Island Ras Al Khaimah Resort, to be built on View Island, one of four man-made islands that make up Al Marjan. The 255-key hotel will boast beachfront access with […]

The triggering this week of Article 50 of the Lisbon treaty to facilitate Britain’s exit from the EU is undoubtedly a momentous event. At issue in the forthcoming talks will be whether Britain can win back control over immigration and lawmaking without wrecking trade relations in its biggest market and damaging London’s status as the pre-eminent international financial centre. A minimum of two years of difficult and […]

Advertisements

Inquirer.net Davao court orders arrest of MatobatoInquirer.netDAVAO CITY—A regional trial court judge on Monday ordered the arrest of confessed hit man Edgar Matobato in connection with the 2002 kidnapping of Turkish national Sali Makdum. Judge Dorothy Gonzaga of RTC 4 in Panabo City in Davao del Norte also …Court issues arrest warrant for Matobato on kidnapping caseBusinessWorld Online EditionPanabo court issues warrant against Matobato for kidnap-murder of Turkish […]

Telstra has announced that it will be launching a new suite of managed security services and two new cybersecurity centres in Melbourne and Sydney. According to Neil Campbell, Telstra’s director of Security Solutions, the offerings will be ready for customers by July 19, with the aim to make the cybersecurity challenge easier for organisations to deal with. “We’re taking this opportunity to rethink and reinvent really our […]

New photovoltaic plant will add 61.3 MWp of installed energy capacity to Risha, Jordan Lowest tariff for solar energy ever presented for a Jordan-based photovoltaic project The plant marks ACWA Power’s strategy of continuous investment Jordan, and its second Solar Photovoltaic Plant The new PV plant will bring the installed capacity in Jordan as controlled by ACWA Power to 1,665 MW further consolidating ACWA […]

The UAE will close down a business for 72 hours and impose a severe financial penalty for value added tax evasion, according to tax consultants who attended a VAT briefing by the Ministry of Finance (MoF). The briefing for advisors took place last week ahead of a nationwide awareness campaign by the MoF that will educate various stakeholders on the collection of VAT ahead of its implementation […]

By Kentaro Hamada and Taro Fuse | TOKYO TOKYO U.S. nuclear developer Westinghouse Electric Co plans to seek bankruptcy protection from creditors on Tuesday as it struggles with losses that have thrown its Japanese parent Toshiba Corp into crisis, people familiar with Toshiba’s thinking said. Pittsburgh-based Westinghouse, crippled by cost overruns at two U.S. projects in Georgia and South Carolina, will file for protection under Chapter 11 […]

Tencent Holdings has forked out US$1.78 billion for a 5 percent stake in Tesla, according to a document filed with the US Securities and Exchange Commission (SEC). The announcement came days after the US electric car maker said it was looking to raise funds to scale its business and bring to market its US$35,000-priced Model 3. The company said it expected to secure more than US$1 billion […]

The former chief financial officer of Rupert Murdoch’s Fox News Channel has been offered immunity from prosecution by government lawyers investigating payments to women allegedly harassed by Roger Ailes, the network’s former chairman, according to people briefed on the case. Mark Kranz was CFO of Fox News from 2004 until last year, leaving the channel shortly after Mr Ailes was pushed out by its parent company, 21st […]

A Delhi businessman figured in the Panama papers has for over decade “represented” an Italian currency paper firm which has got several supply contracts in India including emergency contracts after demonetization. Citing fresh leads from Panama papers, The Indian Express reported that Delhi-based businessman Satya Prakash Gupta represented the Italian currency paper major Fabriano, which was among the nine companies that got contracts for emergency currency-paper supplies […]

The Gulf emirate of Qatar is tiny, but it’s made a name for itself by placing big bets. Thanks to vast reserves of natural gas, its 2.6 million residents enjoy the world’s highest per-capita income: $129,700 a year. Qatar has acquired more than $335 billion worth of assets around the globe, buying up trophies such as London’s Shard, the tallest building in Europe. The emirate has also […]

PARIS Francois Hollande’s election as president in 2012 was supposed to herald a new dawn for French socialism after 17 years of right-wing rule, but by June his party could be struggling to survive. Weeks before the start of an election to pick France’s next president, the ruling bloc is in tatters. Socialist Party (PS) nominee Benoit Hamon is floundering after adopting a hard-left programme that alienated […]

Tesla Motors and SpaceX boss Elon Musk says Neuralink will explore software on implantable devices for the human brain. Image: James Leynse Tesla and SpaceX boss Elon Musk has created another out-there venture called Neuralink, which will develop tech to enhance human brain capacity. Details of Musk’s new medical research company were reported by The Wall Street Journal on Monday. Musk plans to reveal more details in […]

Era defined by seemingly random and unrelated events combining to create new structures Delegates told to ignore traditional bureaucracy and ‘listen to the information flow’ Global Manufacturing and Industrialisation Summit held at the Paris-Sorbonne in Abu Dhabi from March 27-30, 2017 Abu Dhabi, UAE, March 28, 2017 Beth Comstock, Vice Chair, GE, told delegates to the inaugural Global Manufacturing and Industrialisation Summit (GMIS) that we […]

U.S. stocks opened little changed on Tuesday as investors assessed President Donald Trump’s first major policy stumble, while awaiting comments from several Federal Reserve policymakers including Fed Chair Janet Yellen. The Dow Jones industrial average .DJI was down 16.24 points, or 0.08 percent, at 20,534.74, the S&P 500 .SPX was down 1.8 points, or 0.07 percent, at 2,339.79 and the Nasdaq composite .IXIC was down 2.92 points, […]

ANKARA Turkey was warning Europe not to interfere in a referendum next month on changing the constitution and expanding President Tayyip Erdogan’s powers, Prime Minister Binali Yildirim said on Tuesday, adding Europe should “mind its own business”. The issue of the referendum has already badly strained relations between Turkey and several European countries, including Germany and the Netherlands, after they banned Turkish ministers from campaigning in their […]

Cuban president Raúl Castro is preparing to step down next year, Venezuela has cut millions of dollars in aid and Donald Trump’s election has cast a shadow over the nascent US-Cuba detente. Unnerved by the changes, Havana’s domestic reform drive has ground to a halt as the Communist party battens down the hatches. Marino Murillo, the senior official leading Cuba’s reforms, has not been heard in public […]

BEIJING The inaugural flight of a new charter service from North Korea’s capital to the northeastern Chinese city of Dandong landed on Tuesday, the official Xinhua news agency said. The launch comes amid ongoing tensions on the Korean peninsula over the hermit state’s missile and nuclear tests, which it says are in response to joint drills between the United States and South Korean military. The twice-weekly flight […]

Middle Eastern online retailer Souq.com will make an announcement later on Tuesday about Amazon.com Inc’s bid to buy 100 percent of the company from its shareholders, two sources familiar with the matter told Reuters. One of the sources, declining to be identified ahead of the announcement, said the statement would say that Souq.com’s shareholders had accepted the bid. Souq.com declined to comment. Amazon officials could not immediately […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA
Just in:
Democratic Congress threatens Trump-era cryptocurrency policy gains // Vijayan accuses CM of being evasive // Greens back Sreedharan plan // Dubai Future District Fund and Buimerc formalise cooperation // UAE forecast to lead solar output per person // Paraguay court detains impeached Peña over bank collapse // DEWA and Dell pursue stronger digital utility infrastructure // Coca-Cola bottling holding company submits share sale prospectus // Hyperliquid Strategies pursues US futures registration through subsidiary // BJP’s Counter Rallies To “Expose” Rahul Gandhi, Reveals The Weakness Of The Party // Turkish court remands senior financial regulators in fund investigation // Binance appoints Justin Yek as finance chief after theft // Bail refused to Kochi sex assault accused // Tesla schedules Cybertruck production wind-down for mid-2027 // Wall Street’s AI Reckoning Offers India A New Opening // SoftBank and ABB weigh separating Chinese robotics operations // X’mas bumper lottery prize money raised to ₹25 crore // UAE Coast Guard evacuates 22 from burning cargo vessel // HKUST President and Chinese Academy of Sciences Academician Prof. Nancy Ip Receives UNESCO Honor for a Second Time // Ghantoot clinches Pink Polo Cup as screenings draw crowds //